Thursday, 08/05/2008 17:20

TMC: explanation for business result in Q1/08

 

Thu Duc Trading and Import - Export Joint Stock Company (TIMEXCO) has explained of business result in Q1/08 as follows:

 

Unit: VND

 

Q4/2007

Q1/2008

% increase(+) decrease(-)

Net revenue

324.38 bil

357.92 bil

+10%

Gross profit

16.11 bil

22.29 bil

+38.36%

Profit after tax

4.54 bil

11.03 bil

+142.95%

 

Business resutl in Q1/08 was higher than that in Q4/07.

Reasons:

Consumption in Q1/08 increased significantly

Prices of steel, petrol...rose thus there was increase of gross profit.

HoSE

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